- Reference: 2017/2705
- Question by: David Kurten
- Meeting date: 13 July 2017
Transparency International's report Faulty Towers: Understanding the Impact of Overseas Corruption on the London Property Market published on 3 March 2017, analysed Land Registry data, to establish the ownership of apartments in 14 landmark London developments. It found that across all of them, around 80 per cent of the apartments had been sold to overseas investors and 40 per cent of those investors came from countries with a high corruption risk, or were companies registered in a 'secrecy haven'. I note that these figures are at variance with your own 13 June 2017 report into foreign ownership (which referenced Transparency...